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Bally's Grand Inc. Reports 1997 Second-Quarter Results.


LAS VEGAS--(BUSINESS WIRE)--Aug. 1, 1997--Bally's Grand Inc. (Nasdaq:BGLV BGLV Border Grill - Las Vegas (restaurant) ), the operator of Bally's Las Vegas
:This article is about the Bally's Las Vegas hotel/casino. For other uses, see Bally (disambiguation).
Bally's Las Vegas is a hotel and casino, owned and operated by Harrah's Entertainment, located on the Las Vegas Strip in Paradise, Nevada.
, Friday Friday: see Sabbath; week.

Friday

young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe]

See : Servant
 reported second-quarter results of operations as follows:
                                                 Three months ended
                                                       June 30,
                                                   1997       1996
                                                (In thousands, except
                                                   per-share data)

Revenues                                        $78,599    $76,556
Operating income before depreciation and
 amortization                                    22,276     20,313
Operating income                                 15,636     13,384
Net income                                        6,209      3,954
Net income per common and common-equivalent
 share                                         71 cents   44 cents
Average common and common-equivalent shares
 outstanding                                      8,783      8,931

                                                  Six months ended
                                                       June 30,
                                                   1997       1996
                                                (In thousands, except
                                                   per-share data)

Revenues                                       $161,178   $157,761
Operating income before depreciation and
 amortization                                    48,685     46,093
Operating income                                 35,583     32,624
Net income                                       14,484     11,491
Net income per common and common-equivalent
 share                                             1.64       1.30
Average common and common-equivalent shares
 outstanding                                      8,824      8,865

NOTE:  Bally's Las Vegas' operations are subject to seasonal
       fluctuations.




CONTACT: Geoffrey Geoffrey (jĕf`rē), 1158–86, duke of Brittany (1171–86); fourth son of Henry II of England. Betrothed (1166) to Constance, heiress of Brittany, he was recognized as heir to the duchy in 1169 and succeeded to it on the death of her  Davis, 310/205-4541
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 1, 1997
Words:160
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